Newburgh, IN Rental Market Trends
Last updated: October 21, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Newburgh is $1,196, a N/A compared to the previous year, when the average rent was .
One-bedroom apartments provide 761 square feet for $1,038, balancing privacy and affordability.
Two-beedroom units at $1,234 offer 1,060 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,332 sq ft) for $1,567, suitable for larger households.
Average rent in Newburgh, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,196 | 982 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,038 | 761 sq. ft. |
| 2 Beds | $1,234 | 1,060 sq. ft. |
| 3 Beds | $1,567 | 1,332 sq. ft. |
Newburgh, IN rent trends
What's the typical rent budget in Newburgh, IN?
The largest share of rentals in Newburgh, IN (53%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Newburgh, IN?
373 or 23% of the households in Newburgh, IN are renter-occupied while 1,284 or 77% are owner-occupied.
How Newburgh Compares to Other Cities
| City | Average Rent |
|---|---|
| Newburgh | $1,196 |
| Hammond | $1,235 |
| Jeffersonville | $1,231 |
| New Albany | $1,106 |
| Greenwood | $1,358 |
| Indianapolis | $1,253 |
| South Bend | $1,310 |
| Fort Wayne | $1,143 |
| Evansville | $1,016 |
| Lafayette | $1,174 |
| Bloomington | $1,579 |
| Henderson, KY | $892 |
| Princeton, IN | $959 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Newburgh apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.